BOK Financial Co. (NASDAQ:BOKF) Short Interest Update

BOK Financial Co. (NASDAQ:BOKF - Get Free Report) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 361,700 shares, an increase of 27.7% from the December 31st total of 283,300 shares. Based on an average daily volume of 158,500 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.4% of the company's stock are sold short.

BOK Financial Stock Up 0.6 %

BOKF stock traded up $0.70 during midday trading on Wednesday, reaching $110.13. 37,573 shares of the company were exchanged, compared to its average volume of 136,886. The stock's 50-day simple moving average is $111.90 and its 200 day simple moving average is $107.97. BOK Financial has a 1-year low of $78.99 and a 1-year high of $121.58. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 13.55 and a beta of 1.19.

BOK Financial (NASDAQ:BOKF - Get Free Report) last released its quarterly earnings results on Friday, January 17th. The bank reported $2.12 EPS for the quarter, topping the consensus estimate of $1.97 by $0.15. BOK Financial had a return on equity of 9.96% and a net margin of 15.32%. On average, equities analysts forecast that BOK Financial will post 8.71 earnings per share for the current year.

BOK Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be paid a $0.57 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $2.28 annualized dividend and a yield of 2.07%. BOK Financial's dividend payout ratio is currently 28.04%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on BOKF shares. Wedbush restated a "neutral" rating and set a $115.00 price objective on shares of BOK Financial in a research note on Tuesday, October 22nd. DA Davidson decreased their target price on shares of BOK Financial from $124.00 to $123.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. StockNews.com raised shares of BOK Financial from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd. Wells Fargo & Company raised their price objective on BOK Financial from $105.00 to $112.00 and gave the stock an "equal weight" rating in a research report on Tuesday, December 3rd. Finally, Stephens decreased their price target on BOK Financial from $135.00 to $127.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $116.40.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of BOK Financial during the 2nd quarter valued at approximately $39,000. Venturi Wealth Management LLC grew its position in shares of BOK Financial by 33.8% in the 4th quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock worth $42,000 after acquiring an additional 100 shares in the last quarter. KBC Group NV increased its holdings in shares of BOK Financial by 25.3% in the 3rd quarter. KBC Group NV now owns 905 shares of the bank's stock valued at $95,000 after acquiring an additional 183 shares during the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of BOK Financial during the 3rd quarter valued at approximately $142,000. Finally, CWM LLC boosted its holdings in BOK Financial by 211.8% in the third quarter. CWM LLC now owns 1,456 shares of the bank's stock worth $152,000 after purchasing an additional 989 shares during the period. Hedge funds and other institutional investors own 34.44% of the company's stock.

BOK Financial Company Profile

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.